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Iridium Communications IRDM Subscriber equipment — Total Revenue

Other product segments

Services
$161.33M+3.7%
Commercial Voice and Data Services
$58.39M+2.8%
IoT data
$47.07M+5.2%
Engineering and support services
$43.14M+3.0%
Hosted payload and other data
$16.57M+13.9%
Commercial Broadband Services
$11.67M-8.3%

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Other financials

Income statement

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Revenue$225.2M+3.8%
Operating income$34.0M-32.3%
Net income$9.7M-55.9%
EPS (diluted)$0.09-55.0%

Balance sheet

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Cash & equivalents$184.2M+132%
Total debt$1.8B-0.9%
Total equity$472.5M-0.2%
Total assets$2.6B-0.1%

Cash flow

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Operating cash flow$114.1M-11.9%
CapEx$21.8M+5.4%
Free cash flow$92.3M-15.2%

Valuation

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Market cap$5.12B+100%
P/E54.9×+32.3×
P/S5.8×+2.8×

Profitability

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Gross margin89.3%
Operating margin23.8%-1.6pp
Net margin10.5%-2.6pp
FCF margin32.6%-5.4pp

Returns & leverage

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Return on equity19.7%+1.8pp
Debt / equity3.9×+0.7×
Current ratio2.8×+0.3×

Where this comes from

Reported directly by Iridium Communications in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Iridium Communications’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 7:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001418819-26-000045
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue:
Services$161,328$155,570$319,357$309,862
Subscriber equipment20,76719,45540,98642,576
Engineering and support services43,14241,88183,95179,346
Total revenue225,237216,906444,294431,784
Operating expenses:
Cost of services (exclusive of depreciation and amortization)51,31453,603100,950102,389
Cost of subscriber equipment13,47811,30226,49224,169

Item 1. Financial Statements

FAQ

What is Iridium Communications's subscriber equipment — total revenue?
Iridium Communications (IRDM) reported subscriber equipment — total revenue of $20.77M in Q2 2026.
How has Iridium Communications's subscriber equipment — total revenue changed year-over-year?
Iridium Communications's subscriber equipment — total revenue increased by 6.7% year-over-year, from $19.46M to $20.77M.
What is the long-term trend for Iridium Communications's subscriber equipment — total revenue?
Over 4 years (2021 to 2025), Iridium Communications's subscriber equipment — total revenue has grown at a -3.1% compound annual growth rate (CAGR), from $92.07M to $81.11M.
What does subscriber equipment — total revenue mean?
This metric represents the total gross revenue generated from the sale of hardware, devices, or related equipment provided to subscribers. It reflects the market demand and pricing power for the company's physical product offerings within this specific business segment. Investors use this to gauge the scale and growth trajectory of the hardware-based portion of the company's ecosystem.

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